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Based on the below dataset ‘Write a brief summary statistics and explain the correlation results’.

Based on the below dataset Write a brief summary statistics and explain the correlation results’.

The information contained in the data has been extracted from the DataStream database and all the variables are the latest available and have been constructed and cleaned so they are ready for you to use.

Table 1: An overview of the dataset

Variable

Proxy

Debt ratio

Total debt/Total Asset

Firm age

Age of the firm

Size

Ln (Total assets)

Innovation

R&D investment/Total assets

Sales Growth

Percentage growth in sales

 

Profitability

EBIT/sales

Dependent Variable=Innovation

 


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